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2023 Compliance Trends: Staying Ahead in an Evolving Regulatory E...
2023 Tax Calendar
VIEWpoint Issue 2 | 2022
Social Security’s Future: The Problem and the Proposals
4 Tax Challenges You May Encounter if You’re Retiring Soon
SBA Releases Updated Standard Operating Procedures
On Sept. 24, 2014 the Internal Revenue Service (IRS) issued a fraud alert affecting all international financial institutions complying with the Foreign Account Tax Compliance Act (FATCA). In an effort to receive highly-sensitive information of account holder’s identity and financial information, scam artists are posing as the IRS across the globe.
It is important to remember that the IRS does not require financial institutions to provide specific account holder information via the phone, fax or email.
Any suspicious emails that contain attachments or links in the message should not be opened, and the email should be forwarded to phishing@irs.gov. For more information regarding this scam please visit the IRS’s website or contact Doeren Mayhew’s Financial Institutions Group specialists in Michigan, Houston or Ft. Lauderdale.
This publication is distributed for informational purposes only, with the understanding that Doeren Mayhew is not rendering legal, accounting, or other professional opinions on specific facts for matters, and, accordingly, assumes no liability whatsoever in connection with its use. Should the reader have any questions regarding any of the news articles, it is recommended that a Doeren Mayhew representative be contacted.
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